Background

Mr. Robert L. Boughner, also known as Bob, has been the Chief Operating Officer, Executive Vice President and Director of Marina District Finance Company, Inc., since May 2010. Mr. Boughner has been the Chief Business Development Officer and Executive Vice President of Boyd Gaming Corp since December 2009. He has been the Chief Executive Officer and President of Echelon Resorts LLC since July 2005. He serves as Senior Vice President of Eldorado, Inc., and Boyd Kenner ... Inc. He serves as an Executive Officer of Borgata Hotel Casino & Spa. He has been Vice President and Secretary of Boyd Atlantic City Inc., ("BAC"), a wholly owned subsidiary of Boyd Gaming Corp., since June 1996. He served as the Chief Executive Officer and President of Echelon Resorts Corporation since July 2005. He served as Chief Executive Officer of Borgata Hotel Casino & Spa since July 2005. Mr. Boughner served as the Chief Executive Officer of Marina District Development Company, LLC (MDDC), a subsidiary of Echelon Resorts Corporation from January 1999 to June 2006. He served as Chief Operating Officer and Senior Executive Vice President of Boyd Gaming Corp. from April 1990 to October 2001 and from May 1998 to October 2001 respectively. From 1985 to April 1990, he served as Senior Vice President of Administration at California Hotel and Casino, the predecessor of Boyd Gaming Corp. He served as the President and Chief Operating Officer of Marina District Development Company LLC since January 2009. He served as the Head of the Borgata Hotel Casino & Spa in Atlantic City. He has been a Director of Boyd Gaming Corp. since April 1996. He has been Director of Southwest Gas Corp. since July 2008. He serves as a Director of Boyd Kansas City Inc., Boyd Kenner Inc., and Eldorado, Inc. He serves as a Director of Western Alliance Bank. He served as a Director of Bank of Nevada (also known as BankWest of Nevada). Mr. Boughner is active in civic and industry affairs.

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